Startech Finance standalone net profit rises 197.67% in the March 2021 quarter

Sales decline 11.99% to Rs 2.79 crore

Net profit of Startech Finance rose 197.67% to Rs 2.56 crore in the quarter ended March 2021 as against Rs 0.86 crore during the previous quarter ended March 2020. Sales declined 11.99% to Rs 2.79 crore in the quarter ended March 2021 as against Rs 3.17 crore during the previous quarter ended March 2020.

For the full year,net profit rose 809.51% to Rs 35.38 crore in the year ended March 2021 as against Rs 3.89 crore during the previous year ended March 2020. Sales declined 56.55% to Rs 12.15 crore in the year ended March 2021 as against Rs 27.96 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2.793.17 -12 12.1527.96 -57 OPM %53.4190.22 -54.8144.13 - PBDT0.230.86 -73 36.453.89 837 PBT0.230.86 -73 36.453.89 837 NP2.560.86 198 35.383.89 810

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